Matrix Service
MTRX
90 hedge funds and large institutions have $117M invested in Matrix Service in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 15 closing their positions.
633% more call options, than puts
Call options by funds: $66K | Put options by funds: $9K
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
5% more funds holding
Funds holding: 86 → 90 (+4)
1.42% more ownership
Funds ownership: 78.87% → 80.29% (+1.4%)
5% less capital invested
Capital invested by funds: $124M → $117M (-$6.78M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| 1 |
GJL
Gendell Jeffrey L
|
+$3.99M |
| 2 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
+$2.11M |
| 3 |
Bank of New York Mellon
New York
|
+$1.68M |
| 4 |
WCM
Westerly Capital Management
San Francisco,
California
|
+$1.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.29M |
Top Sellers
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$4.68M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.49M |
| 3 |
BlackRock
New York
|
-$1.43M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$931K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$776K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
101
Engineers Gate Manager
New York
| – | -$114K | -18,277 | Closed |
|
102
Walleye Capital
New York
| – | -$103K | -16,500 | Closed |
|
|
PCM
103
Prelude Capital Management
New York
| – | -$70.8K | -11,388 | Closed |
|
104
Man Group
London,
United Kingdom
| – | -$66.3K | -10,664 | Closed |
|
105
UBS Group
Zurich,
Switzerland
| – | -$10.8K | -1,741 | Closed |
|
MTRX Hedge Fund Activity: Q1 2023 in Review
90 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q1 2023, worth a combined $117M — down 5.5% from $124M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MTRX positions and 15 closed out — a net gain of 5 holders — while 34 added to existing stakes and 24 trimmed.
The largest buyer was Gendell Jeffrey L, opening a new position worth an estimated $3.99M. The largest seller was SG Capital Management, exiting entirely with an estimated $4.68M sold.
- 90 institutional investors held Matrix Service (MTRX) as of Q1 2023, up from 86 in Q4 2022.
- Funds reported $117M of Matrix Service stock for Q1 2023, down 5.5% quarter-over-quarter.
- 20 funds opened new Matrix Service positions in Q1 2023 and 15 closed out, a net change of +5 holders.
- The largest Matrix Service buyer in Q1 2023 was Gendell Jeffrey L, an estimated $3.99M added.
- The largest Matrix Service seller in Q1 2023 was SG Capital Management, an estimated $4.68M sold.
Based on aggregated 13F filings for Q1 2023.